Page 2 - Restaurant Franchise Opportunities Andover

Andover: A great location to start a business

Would you like to run your own business? Andover, located in the South East of England, could be a good place to start. There are many businesses currently recruiting franchisees in the Test Valley area. Franchising gives you the opportunity to manage your own business while benefitting from the support of an established brand. Explore our extensive possibilities in order to find the right brand for you, and you'll be one step closer to opening your own business.

There are 125,000 people in the Test Valley area. Residents aged 40 to 59 years old make up the prevalent age range within the population. In terms of employment, the region has an economically active population of 60,500 people (80.8%), of which the unemployment rate is 4%. This figure is in line with the average unemployment rate across the United Kingdom. Salaries in Test Valley average ?30,680 a year, while in the United Kingdom the average income is ?30,629.

Why choose to operate in the Casual Dining sector?

If you wish to run a business in the Casual Dining sector, check out our 15 franchises currently recruiting franchisees in the sector. The Casual Dining sector is a part of the Restaurant services sector. Other brands recruiting in this industry include 14 Takeaway franchises, five Noodle Bar franchises, three Juice Bar franchises, two Food Truck franchises and four Pizza franchises. Among these new business investment options, there will likely be one that fits your career goals and aspirations. Interesting fact: companies in Hospitality and Food Services employ 4,000 people in the Test Valley area. This could be your opportunity to start a successful business of your own!

Here are three examples of franchise businesses

If you are interested in opening a business in the Casual Dining sector, Wolf could be an option for you. The brand is developing, with four outlets currently in operation, and a desire to expand further. A total of ?200,000, a substantial initial investment, is required to open a Wolf franchise. You might want to consider getting a loan to cover the startup costs, in which case at least ?100,000 of the total investment should come from your personal funds. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. You may feel more secure in starting a Wolf franchise knowing that franchisees are provided with full training, assistance and support. Eligible candidates may also apply for financial assistance.

Shoryu Ramen is an interesting investment opportunity in the Casual Dining sector. By joining its current 13 franchisees, you would be joining a growing brand network. You will need to invest ?400,000 to start running your own Shoryu Ramen business, which is a significant initial investment. Your personal investment should account for at least ?200,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. Shoryu Ramen could be a good option for you, as the company provides comprehensive training and support. Also, if you can't cover the startup costs alone, you may be entitled to financial aid.

The Casual Dining sector has many brands worth considering. As a final example, have a look at Bella Italia. By joining its 100 franchises already in operation, you could contribute to this company's expansion. Starting a Bella Italia business requires a significant initial investment of ?700,000. If you intend to get a loan to cover the startup costs, Bella Italia asks for a personal investment of at least ?350,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. A large premises will also be required to operate this business. If you can't afford the startup costs on your own, you could find out if you qualify for financial aid. See our website for more information. This brand also provides its franchisees with full training and support.

If you are interested in the Casual Dining sector and would like to discover more franchising options, take a look at the 15 brands available in this sector. At Point Franchise, we have close to 250 franchising opportunities available, giving you plenty to choose from in other sectors as well.